The Company adopted ASU 2016 01: Financial Instruments: Recognition and Measurement of Financial Assets and Financial Liabilities as of the beginning of the fiscal year 2018. This ASU amends prior guidance to classify equity investments with readily determinable market values into different categories (that is, trading or available for sale) and require equity investments to be measured at fair value with changes in fair value recognized through net earnings. Dollar at the current spot foreign exchange rate.
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